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Matt Desch, CEO of Iridium Communications and a 2021 Wash100 Award winner, said he believes the entire satellite industry will benefit from all the innovation in low-Earth orbit satellite constellations, Via Satellite reported Tuesday. “It’s making stuff cheaper and making stuff better. My next satellites are going to cost a lot less to build than […] More
Iridium Communications has partnered with MetOcean Telematics and provided the Canadian Coast Guard with Certus Thales VesseLINK marine satellite broadband terminals in an effort to enhance the service branch’s internet reliability in the high Arctic region. The Iridium network will work on supporting the coordination of the Coast Guard ships and crew members to the […] More
DDK Positioning has received an undisclosed amount of investment from Iridium Communications as the former looks to expand global navigation satellite system-enabled service offerings. The two companies have an existing partnership that offers a GNSS positioning accuracy of up to 5 centimeters and supports various industrial applications using Iridium’s satellite communications network, the satcom provider […] More

Executive Mosaic is pleased to introduce Matt Desch, CEO of Iridium Communications, as an inductee into the 2021 edition of the Wash100, for stewarding the company through the launch of its broadband service upgrade, satellite cloud-based offering for internet of things and maritime emergency response system. This marks Desch's seventh consecutive Wash100 Award.

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Iridium has announced its second quarter 2020 financial results on Tuesday, reporting a net loss of $12.4 million, compared to net loss of $18.1 million for the second quarter of 2019. The company's operational EBITDA for the second quarter was $85.3 million, compared to $85.1 million for the prior-year period.

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